CrazyExpat Posted September 24, 2009 Report Share Posted September 24, 2009 NEW YORK — Thailand's Prime Minister Abhisit Vejjajiva promised US investors to work for an open economy as he headed Thursday to the Group of 20 summit on the global financial turmoil. Abhisit, who is attending both the UN General Assembly in New York and the Group of 20 summit in Pittsburgh, was paying his first visit to the United States since he took over in December. Speaking before the US-ASEAN Business Council in New York, Abhisit said he was committed to wooing US investors to Thailand, whose economy was taken a beating both from the global downturn and the kingdom's chaotic politics. "Thailand has always strived to be an open economy. We believe it is the private sector that drives growth, and I am committed to a transparent and consultative process," Abhisit said Wednesday in remarks released by the business group. He said he had heard the business group's concerns on smoothing out customs regulations and boosting protection of intellectual property rights. Abhisit traveled Thursday to Pittsburgh for the Group of 20 summit of leading economies, where he will have observer status as Thailand currently heads ASEAN, the Association of Southeast Asian Nations. http://www.google.com/hostednews/afp/article/ALeqM5iNJ_HDQE62sqCMP5_jdtQsNl1nng Link to comment Share on other sites More sharing options...
Thaifan Posted September 25, 2009 Report Share Posted September 25, 2009 Until Abhisit can show some strong decisive leadership and demonstrate to the World that he will not tolerate the sort of action carried out by the PAD which did more harm to the Thai Economy than the GFC, then he is living in cloud cukoo land if he expects the US or Europe to invest money in Thailand!! Link to comment Share on other sites More sharing options...
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